Cold Weather to Affect Most of Morocco this Weekend

Rabat – February started on a cold note. The National Meteorological Directorate forecasts a drop in temperatures and cold weather.A drop of temperature will sweep the reliefs, the southeast, the east and the highlands, with frost or ice on the forecast.High and Middle Atlas, the east, the Mediterranean, Rif and Saiss are expecting moderate to heavy rain that will change to snow in its wake. Meanwhile, the sky will be cloudy in the Atlas, the northern provinces of the South and the plateaus of phosphates and Oulmes. A freezing cold snap is expected to grip reliefs of the High and Middle Atlas, the Rif and the highland, as well as snowfall at heights exceeding 1,200 meter.Moderate to strong wind gusts will hit the east, the Mediterranean coast and the northern regions of the Saharan provinces.Sub-zero temperatures reaching  -06 are expected on the reliefs, from -03 to 03 ° C on the southeast slopes and the south of the east, from 03 to 08 ° C on the plateaus of phosphates and Oulmes and the Atlas and 08 to 12 ° C on the coasts, the Atlantic plains, the Souss and the southern provinces.Maximum temperatures will be around  02 to 07 ° C on the reliefs and the east, from 08 to 13 ° C on the Saiss, the plateaus of phosphates and Oulmes, 12 to 17 ° C on the Atlantic plains and the south-east and from 17 to 24 ° C on Souss and the southern provinces. read more

GE earnings rise 16 pct on sale of NBC but weak industrial

AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to RedditRedditShare to 電子郵件Email GE earnings rise 16 pct on sale of NBC, but weak industrial results drag stock down by Jonathan Fahey, The Associated Press Posted Apr 19, 2013 7:03 am MDT NEW YORK, N.Y. – General Electric’s first quarter results were dragged down by deteriorating economic conditions in Europe, highlighting the danger that the region’s struggles still pose to the global economy.GE CEO Jeff Immelt said he expected results in Europe to be bad in the quarter — and they were worse. Revenue from the region fell 17 per cent compared with last year.“We planned for Europe to be similar to 2012, down again, but it was even weaker than we expected,” Immelt said in a call with investors.While GE’s results were roughly what analysts expected and Immelt said the company remained on track to meet its financial goals for the year, his gloomy comments about Europe and the weak performance of the company’s core industrial operations sent GE shares tumbling.GE shares dropped 92 cents, or 4 per cent, to close at $21.75 Friday.This even though the company’s earnings rose in the first quarter, helped by the sale of NBC Universal and increased profit from selling aircraft engines and transportation equipment. GE reported net income of $3.5 billion, or 34 cents per share, on revenue of $35 billion. During last year’s first quarter, GE earned $3 billion, or 29 cents per share, on $35.2 billion in revenue.Adjusted to reflect earnings only from continuing operations, GE earned 35 cents per share. That matches what analysts surveyed by FactSet expected. The analysts expected slightly lower revenue of $34.5 billion.But sales from the company’s core industrial equipment and services divisions — the divisions GE are counting on to deliver growth — fell 6 per cent, and profit fell 11 per cent.Immelt said he thought the first half of this year would be difficult, but some customers delayed purchases and revenue came in about $200 million lower than he had hoped. He expects those customers to come back later in the year, and help improve the company’s performance.That’s not what investors wanted to hear. “Investors want to see results now,” said Christian Mayes, an analyst at Edward Jones. “They don’t like the whole ‘wait for the second half of the year’ approach.”Europe’s struggles hit GE’s sales of power generation and water treatment equipment especially hard. Revenue for that division fell 26 per cent in the quarter, and profit fell 39 per cent.Profits in the oil and gas segment and GE’s tiny energy management division also slipped in the quarter, offsetting profit gains in aviation, healthcare, transportation and home and business appliances.“It’s a big company and it takes a lot to get it firing on all cylinders,” Mayes said.The company’s sale of NBC added earnings of 8 cents per share, while profit rose 9 per cent at GE Capital, the company’s finance arm.GE is in the midst of shaping itself into a more focused conglomerate that sells and services industrial equipment and appliances. It is shedding divisions such as NBC Universal and shrinking its banking operations. GE sold its 49 per cent of NBC Universal to Comcast for $16.7 billion in the first quarter. Earlier this month, GE announced an agreement to buy the oilfield equipment maker Lufkin Industries Inc. for $3.1 billion, as part of a push to grow its oil and gas equipment division.Orders for oil and gas equipment rose 24 per cent in the first quarter. Orders for aviation equipment, powered by a new jet aircraft engine, rose 47 per cent.But GE is not expecting any growth this year from two divisions that make up half the company’s revenue — power and water and GE Capital. That will make growing the company as a whole difficult.Immelt said in order to hit the company’s profit targets for the year, it will have to aggressively cut costs throughout the year.Jonathan Fahey can be reached at http://twitter.com/JonathanFahey . read more

Tensator puts mining workers first with NightView technology

first_imgTensator® has addressed the concerns of health and safety professionals and night shift workers across the mining industry with the launch of its new reflective barrier product, NightViewTM. Incorporating reflective strands woven directly into the webbing of the barrier, NightView is described as “an ideal solution for highlighting potential hazardous areas to night shift staff, or for those working in environments with restricted light such as construction professionals or miners.”It can also be used to mark hazards or non-accessible areas to members of the public, often in place to alert traffic during highway construction projects on dangerous roads. NightView can be used alongside the group’s Tensabarrier® product range and will be available for use across a number of sectors, including aviation, construction, transport, engineering, events and the emergency services.The product is also compatible with all Tensator’s Airport Passenger Guidance systems, which can be used to create a clearer pathway for passengers during the hours of darkness, particularly for vehicles that are navigating the runway during the hours of darkness.Brett Hellyer, Business Development Manager at Tensator, comments: “Over 600,000 non-fatal injuries were reported by workers in 2014/15, with the risk of being involved in an accident rising by 36 per cent during the hours of darkness. The chance of a slip, trip or fall or being struck by an object in the workplace will always be present, but technology such as NightView could have a significant impact and help reduce the risk of accidents and potential injuries.“We work alongside some of the biggest businesses and transport hubs across the world to help them control the flow of employees, customers and passengers. Above all else, we know that the most important part of that journey is safety.”last_img read more